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Gormandale is a suburb in Wellington Shire, Australia with 321 residents. The median house price is $660K with a rental yield of 2.8%. Our analysis rates Gormandale with a suburb score of 90/100 for investment timing.
This suburb shows strong investment potential with property prices forecast to outperform the market average over the next 1-3 years. Key indicators including vacancy rates, rental yields, and days on market all signal favorable conditions for capital growth.
90
out of 100
Suburb Score
0
investors
Low Vacancy Rate
Higher Owner Occupier Levels
Buying Window: Strong investment potential with prices forecast to outperform the market average over 1-3 years. Key indicators signal favorable conditions for capital growth.
Upswing: Prices are rising and capital growth momentum is positive. While the early buying opportunity has passed, the market continues to show strength.
Consolidating: Prices may grow below average in the short term. Rental growth could also slow during this phase. Consider monitoring market indicators before investing.
Peak: Price growth is expected to slow down. Capital growth forecasts suggest this may not be the optimal time to invest. Consider waiting for better conditions.
Thorough research about a suburb is crucial to grasp the 'why' behind an investment. However, no suburb stands alone—always assess it in relation to its surroundings. Tracking each data point over time is vital. But above all, it's crucial to comprehend why each data point matters and how it influences both short-term and long-term capital growth.
Current Sales Prices By Suburb - Median - Last 90 Days Rolling - Houses Only [AUD]
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What is this: The median sale price of properties sold in the suburb over a rolling 90-day period. This reflects the actual transacted value of properties rather than asking prices.
Investment tip: Understanding current sold prices helps identify undervalued suburbs compared to neighboring areas. Look for suburbs with lower median prices that share similar amenities with higher-priced neighbors - these often represent growth opportunities.
Sold Price
Asking Price
Picki displays every property available for sale in Australia — all in the one place. We do not include sub-division, house and land packages, or individual lots/land that is for sale.
Suburb | Sold Price | Recent Growth | Yield | Vacancy Rate | Days of Supply | Owner Occupier | Vendor Disc. |
|---|
Gormandale has a suburb score of 90/100 for investment timing, placing it among the top-performing suburbs in Wellington Shire for capital growth potential. The strong suburb score indicates favorable market conditions including positive price momentum, healthy rental demand, and low vacancy rates. Property investors looking for capital growth in Australia should consider Gormandale as a priority suburb.
Gormandale's capital growth outlook is positive based on current market indicators. Key drivers supporting capital growth in Gormandale include strong buyer demand, limited housing supply, and positive demographic trends. Historical data suggests Gormandale has outperformed many suburbs in Wellington Shire for property value appreciation.
Gormandale is located within Wellington Shire Local Government Area in Australia. Wellington Shire encompasses multiple suburbs, each with their own property market characteristics. Understanding the broader LGA trends can help investors identify whether Gormandale is outperforming or underperforming relative to neighboring suburbs.
The current median house price in Gormandale is $660K based on recent sales data. This median price positions Gormandale as a mid-market suburb in Wellington Shire, balancing accessibility for investors with capital growth potential.
Gormandale has an average rental yield of 2.8%, which is below the national average, which is common in premium or high-growth suburbs where investors prioritize capital appreciation over rental income. Investors in Gormandale typically focus on long-term wealth building rather than immediate cash flow.
Gormandale has a population of approximately 321 residents. Population size and growth are important factors for property investment as they influence housing demand, rental markets, and local amenity development. Gormandale is a smaller, more exclusive suburb which may offer unique lifestyle benefits and potential for price premiums on quality properties.
Gormandale's suburb score of 90/100 can be compared against other suburbs in Wellington Shire to identify relative investment value. With a score above 80, Gormandale ranks among the top suburbs in the local government area for investment timing. This suggests stronger fundamentals compared to many neighboring suburbs. Compare all suburbs in Wellington Shire using our platform to find the best investment opportunities.
